Daily Crypto News | 09.12.2020

Deniz Derin ÖZER
3 min readDec 10, 2020

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1- MicroStrategy is raising their offering of $400M worth of senior notes to $550M.
2- The French Minister of Finance Bruno Le Maire pushes on KYC verification, calling it as a necessary action to fight against financing terrorism.
3- Tom Jessop, president of Fidelity Digital Assets announced that they will be allowing institutional customers to use Bitcoin as collateral against cash loans.
4- UK based blockchain analytics company Elliptic reported that 13% of crime involving Bitcoin is laundered through privacy wallets such as Wasabi Wallet.
5- The Latin American cryptocurrency exchange backed by Coinbase, Bitso has raised $62M in their funding round to make the technology accessible by masses in Latin America.
6- J.P. Morgan: “[…] the price of gold would suffer from a structural flow headwind over the coming years.” referring to the upcoming adoption of Bitcoin by the institutional money.
7- Chris Belcher’s CoinSwap project started being tested on Tuesday, 08.12.2020. If you want to learn more about the project, check Christwitter thread or head to CoinDesk’s article on CoinJoin and CoinSwap.
8- 266 year old German bank Bankhaus von der Heydt (BVDH) is partnering with Bitbond to issue euro stablecoin.
9- OKCoin announced that they will be the first US based cryptocurrency exchange to list Blockstack’s $STX token.
10- 1,311,905 $ETH has been staked for ethereum 2.0.
11- Bitwise’s Crypto Index Fund became available to their US investors.
12- ING Bank is one step closer to offering their crypto custody service.
13- British Bank Standard Chartered has officially announced their plans on offering crypto custody services for the institutional investors with Zodia Custody.
14- The trading app Robinhood is partnering with Goldman Sachs for an IPO that could come in 2021.
15- Based on their recent filing with OCC, BitPay is taking a step towards on becoming a crypto trust bank, after Kraken Exchange’s approval from OCC on becoming a crypto native bank back in September 2020.
16- Electroneum is now offering mobile data top-ups in 163 countries with their native token $ETN.
17- Oasis Labs is partnering with BMW Group for a data privacy project.
18- SuperRare launched “timed auction” feature for NFT digital artwork.
19- FTX — Cryptocurrency Derivatives Exchange lists AirbnbEng to their stock offerings before their IPO.
20- Newly appointed 19 year old Ukranian politician Rostyslav Solod reported his $24M worth of Monero holding.
21- Bridgewater Associate’s founder Ray Dalio said “bitcoin and other cryptocurrencies had established themselves over the last 10 years and were interesting “gold-like asset alternatives.”
22- Wozniak’s Efforce token $WOZX hits 25.9x in profits since its first listing on HBTC Exchange at $0.10, today seeing $2.59 per token.
23- The amount of Circle’s $USDC in circulation is now over $3B.
24- Ripple had sent their former CTO Jed McCaleb 266M $XRP.
25- Bitcoin is up 1.3% at $18,547.
26- Nexo (NEXO) is the highest gainer in top 100 list with a 18.0% daily profit.
27- Ampleforth (AMPL) is the highest loser in top 100 list with a 3.4% daily loss.

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